Leading Companies in the Global Smart Pills Technology Market 2025

Published Date : 2025-Apr-09

Smart Pills Technology – ingestible medical devices embedded with sensors – are revolutionizing healthcare. From improving medication adherence to offering real-time diagnostic capabilities, this tech is reshaping remote patient monitoring, GI diagnostics, and chronic disease management. By 2034, the global smart pills market is poised to exceed $10.9 billion, driven by innovation across major pharmaceutical, med-tech, and digital health giants.

Here are the Top trailblazers in this space: Medtronic, CapsoVision, Philips, Olympus Corporation, Bio-Images Research Limited (BIRL), Novartis AG, Check-Cap Ltd. And More.


 

Leading Companies in the  Market

»  Medtronic plc

Headquarters: Dublin, Ireland
Founded: 1949
Employees: Approx. 95,000
2024 Revenue: Approx. $32.1 billion

Overview: Medtronic is a global leader in medical technology, recognized for its contributions to smart pill technologies, especially through its PillCam capsule endoscopy platform, which it acquired via Given Imaging in 2014. The PillCam provides non-invasive imaging of the gastrointestinal (GI) tract and is widely used for diagnosing GI bleeding, Crohn’s disease, and colon cancer.

A leader in smart pill technology through its Ingestible Sensor Platform and PillCam (via Given Imaging). Also enhanced by its acquisition of Mazor Robotics. Focuses on patient adherence, vital sign monitoring, and digital diagnostics.

 

»  CapsoVision, Inc.

Headquarters: Saratoga, California, USA
Founded: 2006
Employees: Approx. 100
2024 Revenue: Approx. $40 million (est.)

OverviewCapsoVision is a California-based medical device company focused on developing advanced capsule endoscopy systems for gastrointestinal (GI) diagnostics. Its flagship product, the CapsoCam Plus®, offers 360-degree panoramic imaging, setting it apart from traditional smart pill cameras.

Unlike other capsule endoscopy systems that rely on real-time data transfer to external belts or receivers, CapsoVision's technology stores data internally, enhancing patient comfort and mobility.

 

»  Koninklijke Philips N.V.

Headquarters: Amsterdam, Netherlands
Founded: 1891
Employees: Approx. 70,000
2024 Revenue: Approx. $18.3 billion

Overview: Koninklijke Philips N.V., known globally as Philips, is a Dutch multinational conglomerate leading innovations in healthcare technology, including smart pills through its subsidiary Medimetrics. Philips leverages its expertise in sensor systems, AI, and telehealth to develop ingestible devices that monitor patient data and medication adherence.

Its commitment to connected care and precision diagnostics has made Philips a prominent name in the remote health monitoring and personalized medicine markets.

 

»  Olympus Corporation

Headquarters: Tokyo, Japan
Founded: 1919
Employees: Approx. 31,000
2024 Revenue: Approx. $7.5 billion (healthcare segment)

Overview: Olympus Corporation is a renowned Japanese manufacturer with a legacy in optics, imaging, and medical technology, particularly known for its diagnostic endoscopy systems. In the smart pills sector, Olympus made significant contributions through its EndoCapsule – an ingestible capsule designed to perform non-invasive GI tract visualization.

Olympus combines traditional optics excellence with smart, minimally invasive medical innovations to address the diagnostic challenges of gastrointestinal diseases like bleeding, Crohn’s disease, polyps, and cancers.

 

»  Bio-Images Research Limited (BIRL)

Headquarters: Glasgow, United Kingdom
Founded: 1999
Employees: Approx. 50
2024 Revenue: Approx. $10 million (est.)

Overview: Bio-Images Research Limited (BIRL), part of BDD Pharma Ltd, is a UK-based clinical research organization specializing in oral drug delivery, ingestible sensors, and real-time gastrointestinal (GI) tracking. The company is at the forefront of smart pill technologies that combine pharmaceutical formulation with radiolabeling and imaging capabilities to track drug release inside the human body.

Its work supports pharmaceutical R&D, enabling detailed in vivo studies that improve drug efficacy, compliance, and targeted delivery.

 

»  Novartis AG

Headquarters: Basel, Switzerland
Founded: 1996
Employees: Approx. 75,000
2024 Revenue: Approx. $54.2 billion

Overview: Novartis AG is a global pharmaceutical giant known for its deep investments in digital health, smart therapeutics, and precision medicine. Within the smart pills sector, Novartis pioneered the first FDA-approved digital medicine — in collaboration with Proteus Digital Health — to monitor medication adherence in real time.

Novartis sees ingestible sensors and digital feedback loops as vital to improving drug outcomes, especially for chronic disease and psychiatric patients.

Partnered with Proteus to launch the Halo System, combining sensors with meds to track dosage adherence and real-time health data.

 

»  Check-Cap Ltd.

Headquarters: Isfiya, Israel
Founded: 2005
Employees: Approx. 60
2024 Revenue: <$5 million (early-stage)

Overview: Check-Cap Ltd. is an Israel-based clinical-stage medical diagnostics company developing the world’s first ingestible imaging capsule for colorectal cancer (CRC) screening without the need for bowel preparation or sedation. Their flagship product, C-Scan®, offers a non-invasive alternative to colonoscopy, using low-dose X-ray and advanced computation to scan the colon from within as it passes through the gastrointestinal (GI) tract.

By replacing traditional colonoscopy with a patient-friendly capsule-based solution, Check-Cap is addressing a major global challenge in CRC early detection: low compliance rates due to the invasive nature of standard screening.

 

Regional Market Highlights (2025 Forecast)

Region

Key Drivers

Forecast Share (%)

North America

Tech innovation, FDA approvals, chronic disease management

38%

Europe

Aging population, early adoption in diagnostics

26%

Asia-Pacific

Rising healthcare investment, aging populations

20%+

Latin America & MEA

Emerging markets, limited penetration

<10%

 

Conclusion

Smart pill technology is at the intersection of digital health, AI diagnostics, and biopharmaceutical delivery systems. With major players pushing innovation in ingestible sensors, capsule endoscopy, and real-time health tracking, the smart pills market is poised for exponential growth by 2025.

These ten companies are shaping the future of precision medicine, one capsule at a time.

 

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